Fact-Check: Yes, Our Trade Deficit for Goods Is Nearly $800 Billion

Japan swung back to a trade deficit in January as exports to China plunged, official data
AFP

During the second presidential debate, Republican nominee Donald Trump said that America’s trade deficit in goods was nearly $800 billion last year.

Fact-Check: TRUE

The actual trade deficit in goods for 2015 was $763 billion, so Trump’s statement is essentially correct. The overall trade deficit, including both goods and services, was lower at $500 billion. Trump has generally focused more on the deficit in goods, and the difficulty it represents for America’s manufacturing sector.

COMMENTS

Please let us know if you're having issues with commenting.